Production Area. The Production Area will be enclosed by a polygon or by a regular geometric shape that will include the Commercial Field or the portion of said field that is within the Contract Area, plus a margin around the Commercial Field no greater than one (1) kilometer, provided the Contract Area allows it. Because the area of the Commercial Field included in the Production Area may vary, the Production Area will remain unaltered, with the exception of the provisions included in the following clause.
Production Area. The production area shown on Exhibit A.
Production Area. The Akyem Production Area shall be the area covered by and subject to the Akyem Mining Lease. Golden Ridge may apply for the extension of the term of the Akyem Mining Lease for such additional term as permitted by Law, and the Government agrees that it will not unreasonably refuse any application for an extension made by Golden Ridge up to the maximum period permitted by Law, upon a showing that sufficient Mineral reserves remain that will permit Golden Ridge to carry out Operations for the additional term requested.
Production Area. The Ahafo Production Area shall be the area covered by and subject to the Ahafo Mining Lease. NGGL may apply for the extension of the term of the Ahafo Mining Lease for such additional term as permitted by Xxx, and the Government agrees that it will not unreasonably refuse any application for an extension made by NGGL up to the maximum period permitted by Law, upon a showing that sufficient Mineral reserves remain that will permit NGGL to carry out Operations for the additional term requested.
Production Area. (a) An application for a Production Permit shall describe the Production Area in respect of which the Production Permit is sought.
Production Area. The areas of Government Land identified in accordance with Section 4.1(c) of this Agreement and described in Appendix I and IA to this Agreement (as such Appendices may from time to time be revised by the mutual agreement of Investor and Government) provided that the following are specifically excluded from the Production Area: Private Land, tribal reserves, tribal sacred ground, ancestral land, lands and/or forests included in the protected areas and proposed protected areas network under the National Forestry Reform Law of 2006, and any towns or villages. Prohibited Person. A Person that has been (i) identified as such in regulations issued under the authority of the Ministry of Finance and the Ministry of Justice of Liberia, (ii) identified as being subject to sanctions by any member organization that Liberia is a member of, or with which Liberia has entered into treaties or other agreements with, provided such that Person has been provided due process under the law, or (iii) identified by Government regulations as a Person that would pose a serious risk to the national security, public health and safety, or the economic or political stability in Liberia. A Prohibited Person also includes any Person that issues bearer shares or other instruments to evidence ownership of such Person that do not permit the identification of the owner of such shares or instruments, unless such ownership is identified. Profound Change in Circumstances. Such fundamental changes in the economic conditions of the Rubber industry or such fundamental changes in the economic, political or social circumstances existing in Liberia (i) that were unforeseen and continue over a significant period of time, (ii) the risk of which was not or could not have been assumed at the execution of the Agreement and (iii) that result in material and fundamental alteration of the conditions, material assumptions and bases relied upon by the Parties at the time of the execution of this Agreement (or at the time of any subsequent review of this Agreement pursuant to Section 31.1)and cause the conduct of operations under this Agreement to become commercially impracticable.
Production Area. The Production Area shall be delimited by a polygon or by a regu- lar geometric form that shall include the Com- mercial Field or the portion thereof within the Contracted Area, plus a margin surrounding the Commercial Field no greater than one (1) kilometer, provided the Contracted Area allows for this. Since the area of the Commercial Field contained within the Production Area may vary, the Production Area shall remain invariable, ex- cept as indicated in the next Clause.
Production Area. (i) 8' strip lighting as required, 80 candlepower; (ii) Two (2) coats of paint throughout; (iii) Sealed floor; and (iv) Elevators for freight and passengers in good working condition. Expansion Space: The Expansion Space shall be completed to the same level of finish for all portions of office and warehouse space as set forth above for the initial Premises.
